Are the Hamptons Really Over? Why Homeowners Here Might Welcome the News

Getty ImagesAre the Hamptons over?As the latest summer season for New York City’s poshest beach locale winds down, rumors are afoot that this scene has gone stale.“Summering in the Hamptons is dead,” a recent New York Post headline announced, pointing out that “budding influencers are trying to outd

Mortgage rates falling to 5% would get a swath of buyers back in the market

Declining mortgage rates have yet to break the dam on the stalled housing market, but the sweet spot on rates that would get the market moving again is about 5%.That’s according to a new survey from Mphasis Digital Risk, which revealed that 42% of prospective buyers said a 5% rate would get them bac

Consumer advocate says policy changes are needed to help FHA buyers compete

The Consumer Federation of America (CFA) is calling for policy changes that would help alleviate the difficulties for homebuyers using Federal Housing Administration (FHA) loans when competing in tight markets.Buyers using FHA loans often face stigmas and cannot use many of the competitive strategie

Rebel Wilson Slashes Price of L.A. ‘Content House’ by $300K (but Still Stands To Make a $1 Million Profit)

Getty Images/Realtor.comRebel Wilson is making another attempt to find a buyer for her Los Angeles “content house”—and this time she’s hoping a hefty price cut will lure an offer.The 44-year-old Australian first put the home on the market in June for $4.15 million, but pulled the listing six weeks l